Deals

Fibra Next Raises $431 Million; Largest Mexico IPO in Years

Commercial facilities, part of the Fibra Next real estate investment trust (REIT), in Cuautitlan Izcalli, Mexico state, Mexico. — Commercial facilities, part of the Fibra Next real estate investment trust (REIT), in Cuautitlan Izcalli, Mexico state, Mexico.
Photographer: Jeoffrey Guillemard/Bloomberg

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By Michael O'Boyle and Kelsey Butler

July 23, 2025 at 9:49 PM UTC

Updated on

July 24, 2025 at 1:17 AM UTC

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Mexican real estate investment trust Fibra Next raised 8 billion pesos ($431 million) through its initial public offering, the country’s biggest stock debut in seven years.